What do you think is going to happen to the exchange rate between the good old British pound and the Euro?

Well considering the euro is now 1.3530 to £1 and that is from 1.5 then i would say it should stay around that level and possibly getting slighter lower later on in the year.

But that is just my quess.

I hope it will go back up quickly so I stop losing money

I get paid in Euros so this is good for me. But it's dropped so much in the last month that I'm wondering where it will settle at.

a one to one ratio would suit me fine